{"id":61615,"date":"2016-01-11T13:36:50","date_gmt":"2016-01-11T11:36:50","guid":{"rendered":"http:\/\/www.myza.co.za\/new-south-africas-zuma-says-sacking-of-minister-not-behind-crash-in-rand\/"},"modified":"2016-01-11T13:36:50","modified_gmt":"2016-01-11T11:36:50","slug":"new-south-africas-zuma-says-sacking-of-minister-not-behind-crash-in-rand","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/new-south-africas-zuma-says-sacking-of-minister-not-behind-crash-in-rand\/","title":{"rendered":"New: <b>South Africa&#39;s<\/b> Zuma says sacking of minister not behind crash in <b>rand<\/b>"},"content":{"rendered":"<p><strong><b>South Africa&#39;s<\/b> Zuma says sacking of minister not behind crash in <b>rand<\/b><\/strong><br \/>\n<br \/>\n(ShareCast News) \u2013 An exodus of Japanese investors triggered a &#39;flash crash&#39; in the South African rand on Monday, analysts said. At one point in the session, the rand fell 9% \u2013 the most since October 2008 \u2013 to 17.9169 per US dollar, but as of 10:00 GMT &#8230;<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.ifamagazine.com\/market-and-economics\/south-africas-zuma-says-sacking-of-minister-not-behind-crash-in-rand-328571\">IFA Magazine<\/a><\/p>\n<p><\/i><\/p>\n<p><strong>Zimbabwean fails to come home . . . Festive season traffic drops 47 percent <b>&#8230;<\/b><\/strong><br \/>\n<br \/>\nZIMBABWE \u2013 Hundreds of thousands of Zimbabweans based in South Africa failed to travel home during the just ended festive season owing to the poor performance of the rand that saw the number of travellers dropping by 42 percent compared to 2014.<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.zimdaily.com\/?p=41442\">ZimDaily<\/a><\/p>\n<p><\/i><\/p>\n<p><strong><b>South Africa&#39;s rand<\/b> recovers from post-Fed slide, stocks fall<\/strong><br \/>\n<br \/>\nJOHANNESBURG, Dec 18 (Reuters) &#8211; South Africa&#39;s rand clawed back some lost ground against the dollar on Friday having fallen sharply after the United States raised interest rates while stocks fell, tracking global markets in the red. By 1510 GMT the &#8230;<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/af.reuters.com\/article\/southAfricaNews\/idAFL8N1472J520151218\">Reuters Africa<\/a><\/p>\n<p><\/i><\/p>\n<p><strong>How Fed Rate Hike Will Impact <b>Africa<\/b>: Ghana, <b>South Africa<\/b>, Angola Most <b>&#8230;<\/b><\/strong><br \/>\n<br \/>\nSouth Africa&#39;s rand has fallen more than 30 percent so far this year as investors have sold risky assets in anticipation of increased rates amid a commodity rout. The National Treasury said in its midterm budget in October that gross government debt &#8230;<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.ibtimes.com\/how-fed-rate-hike-will-impact-africa-ghana-south-africa-angola-most-vulnerable-high-2228774\">International Business Times<\/a><\/p>\n<p><\/i><\/p>\n<p><strong>Pound to <b>Rand<\/b> Exchange Rate: Best GBP\/ZAR Rates Lost as <b>Rand<\/b> Dives Ahead of <b>&#8230;<\/b><\/strong><br \/>\n<br \/>\nFollowing the shock announcement, the British pound to rand exchange rate surged to record bets conversions, creating opportunities for those looking for the best-valued money transfers to South Africa from the UK. Major foreign exchange rates all made&nbsp;&#8230;<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.exchangerates.org.uk\/news\/14391\/zar--rand-exchange-rate-forecast-2015.html\">Exchange Rates UK<\/a><\/p>\n<p><\/i><\/p>\n<p><strong>South African Rand<\/strong><br \/>\n<img decoding=\"async\" alt=\"\"South African Rand\"\" src=\"https:\/\/farm6.staticflickr.com\/5122\/5272012993_78fecacf42.jpg\" width=\"700\"\/><br \/>\n<i>Image by <a target=\"_blank\" href=\"http:\/\/www.flickr.com\/photos\/83649951@N00\/5272012993\">bjmccray<\/a><\/i><br \/>\nRam and sheep. <\/p>\n<p>\nThis <em>&#8220;South African Rand&#8221;<\/em> image was automatically curated and published with <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot<\/a> plugin &#8211; <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">CLICK HERE<\/a> to learn more about <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot for WordPress<\/a> &#8211; a massive time and money saver.<\/p>\n<p><a target=\"_blank\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/channel\/UCgzgeTm3pKPjkFy4WHrH8xA\">Visit the MyPE YouTube Channel<\/a>.<\/p>\n<p>List your event on www.MyZA.co.za for free &#8211; <a target=\"_blank\" href=\"http:\/\/www.myza.co.za\/add-your-event\/\">click here<\/a> to get started.<\/p>\n<p><small>These <em>South African Rand<\/em> Yahoo news snippets were automatically curated and published with <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot<\/a> plugin &#8211; <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">CLICK HERE<\/a> to learn more about <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot for WordPress<\/a> &#8211; a massive time and money saver.<\/p>\n<p><a target=\"_blank\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/channel\/UCgzgeTm3pKPjkFy4WHrH8xA\">Visit the MyPE YouTube Channel<\/a>.<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Africa&#39;s Zuma says sacking of minister not behind crash in rand (ShareCast News) \u2013 An exodus of Japanese investors triggered a &#39;flash crash&#39; in the South African rand on Monday, analysts said. At one point in the session, the rand fell 9% \u2013 the most since October 2008 \u2013 to 17.9169 per US dollar, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3247],"tags":[9230,4876,3885,5695,3437,10762,3687,3576,3418],"class_list":{"0":"post-61615","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news","7":"tag-africa39s","8":"tag-behind","9":"tag-crash","10":"tag-minister","11":"tag-rand","12":"tag-sacking","13":"tag-says","14":"tag-south","15":"tag-zuma","16":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/61615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=61615"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/61615\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=61615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=61615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=61615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}